Life Insurance No Medical Exam - Financial Security for Your Family
Life insurance without any medical exam
Many people assume that to get life insurance or perhaps be considered for coverage they require a health examination or more. This just is not accurate; you can get protection without any physical at all but be warned there is a catch obviously.
Your protection is going to be within small variety, pay out that is. Do not expect an insurer to pay a million dollars to your spouse as a smoker and have high blood pressure. The thing is this type of protection is limited in payout and usually has a term on it of ten in order to twenty-five years. There is nothing wrong with that, it will cover shiny things cost of a funeral service and then some but it is not likely to set your family up for a lifetime.
Then there is the actual premium, they are going to be considerably higher since you are not giving a full medical exam the insurance company is essentially giving your own coverage sightless, so count on paying more.
To conclude, you might want to obtain the health examination after all, it is going to take more time however in the end you may end up with more coverage, greater payout minimizing premiums. The treatment depends on what you want to leave behind for your loved ones.
Life Insurance No Medical Exam
Take 5 minutes to review this article and know everything a consumer should know about purchasing no medical exam life insurance. Well go over:
• The 5 top No Medical Exam Life Insurance Companies
• Qualifying for term and whole life insurance with no health check
• What no health check companies examine
• No medical exam life insurance coverage tips
Many reasons exist why individuals put off purchasing the needed insurance coverage to protect themselves. Some believe that they will not qualify, while others do not believe they need this. The majority of people, however, feel they do not have the time or may be hesitant to have a healthcare examination -- a qualification required for most life policies.
A major benefit of no health check life insurance may be the speed of the application process. Having a traditional policy, it can require 4-6 weeks between the application processes and the time a policy is issued. Through the elimination of or reducing the underwriting procedure, no examination life insurance makes it possible to issue an insurance policy in as little as Twenty-four hours.
No health check life insurance is a great option for those looking for an affordable, convenient method to secure term life protection. Like several life insurance, absolutely no exam guidelines provide financial security for your loved ones in the event of your own death. Furthermore, all advantages are 100% earnings tax-free (based on present tax law) and you have a thirty-day period that you can change your mind.
The licensed agents at Spectrum Immediate are specially trained to help you with no medical exam life insurance. They can solution all of your questions, provide a free quote comparison from highly regarded companies, and obtain your protection in-force quickly.
Look into, http://www.lifeinsurancerates.com